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Amazon--Jeff Bezos is launching a $2 billion fund

by - 09/13/2018

"Amazon--Jeff Bezos is launching a $2 billion fund"

Amazon CEO Jeff Bezos is launching a new charitable $2 billion fund to support underserved communities and education programs.
It's called the Bezos Day One Fund and will focus on creating resources for the homeless as well as a full-scholarship preschool program.

Jeff Bezos announced the launch of a new $2 billion fund called the Bezos Day One Fund on Thursday. In a statement, Bezos wrote that the philanthropic program was created along with his wife MacKenzie Bezos to support homeless families and education programs in underserved communities.

The fund is named for the Amazon CEO's longstanding "Day 1" philosophy, which Bezos said inspired him to create the charity.

The announcement comes as Amazon has found itself under fire for its treatment of workers, including the fact that Amazon is one of the top employers whose workers receive food stamps.